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One big problem with Trumps “retirement plan.” They will match up to 1000 per year… but now companies can dump their employees off the company plan which matches way more…. Onto the govt plan. It’s a corporate handout… again

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This is not his plan. This is scheduled to be effective 2027 and was created by the Biden administration. Companies that still offer these types of retirement plans are far fewer. Benefits have been shrinking for over 40 years. Giving more and more to big corps. Hold corps. accountable.

People there is no word Security link to Stocks. When the Market tanks so does your little Gov. investment of $1,OOO per year. Stocks are like a Yo-Yo. Only our yo-yo president could come up with. Much safer to increase the payroll contributions to Social Security by a percentage each year.

I don’t want anything Trump has attached his name to! I am against fraud and do NoT want a criminal fraudster touching my money! F’ Trump!

Why solve the social security solvency problem, when instead you can just give citizens a pittance of $1K a year to a 401K, and eliminate the employer FICA contributions? It’s like another corporate tax break. You know that is the goal.

Look, this seems to have been a Biden idea…"Saver's Match": A federal match of up to $1,000 annually for qualifying low-to-moderate-income earners contributing to retirement plans. President Biden signed the SECURE 2.0 Act of 2022 into law, ushering in major changes to 401(k) plans

What company offers a retirement plan? Kodak managed to dump its retirees of 30 yrs or more of dedication & service before the CEO sold off all of the patents, taking his golden parachute back to S. America. Just remove the Social Security cap! 170k limit on billionaire income is just f<>ked up!

Your description of your boss is golden. We all know the type. It's like they've been waiting their whole lives for an asshole like him to come around and lead them into this shitty third rate Nazi adjacent abyss.

It’s always a con, a shell game. If DT says it, look for the rest of the story—the part where he enriches himself, his cronies/billionaire buddies/family, where he harms everyone else.

Wow, that's dumb. That is the problem with a lot of Piggy's proposals. In theory, some of them sound good. In practice, they aren't. That is a problem with the OBBB. There could be some really good things in it, but when you jam it through on a party line vote, you get a lot of garbage.

I don't know when he talks all I hear is" I have a healthcare plan "and "$2000 tariff rebate checks are coming " It all may sound good but his dementia is advancing so much he can't organize a box of crayons let alone implement any real policy

I feel like people getting 401k matching, that are actually able to use it, are people in jobs that pay well and are highly skilled. If companies cut their matching they would likely lose employees to competitors. 1k a year is laughably low.

Anyone who loves this country, our way of life, the rule of law, national security, and regular folks would never, ever vote republican. The ONLY ppl who benefit are rich and racist. Period. What tf is wrong with the soul of America?

Or, national/universal healthcare, with no-cost pay-at-point of service. 5% of gross income and we can do it. Companies can dump employees off of the corporate health plan. Win-win.

47 neglected to say that his “proposal“ to provide lower-income workers a $1K retirement match is already the law The 2023 bipartisan SECURE 2.0 Act signed by Joe Biden 29Dec23 will start the retirement match in 2027 47 taking credit for other’s work as if it his generous idea He is not generous

Corporations are cutting back their contributions and when they match. For example they may match 3-4% down from 6% and the match doesn’t start until a year after employment. Another way to stall is they match the following year in March vs each payroll cycle.

The people it’s for can’t afford groceries and are living month to month, thsts why they don’t have retirement savings. They could put money in an IRA today. They don’t have the money to begin with. Employees used to have pensions and didn’t pay into it at all. Thats what charged.

Of course. Over 20+ years, Republicans took away pensions, healthcare, soon social security. So why not 401k's? And magic man Don says home prices are going to go up for sellers and down for buyers. Maga believes it all. No matter how illogical

Rather than put taxpayers on the hook to pay for this blatantly self-serving plan, he should do one of the deals he fancies himself to be so good at, and twist corporate arms to compensate their employees more fairly.

I’m just not convinced that availability of plans is the problem. Any self employed individual can open a retirement account, existing savers credit can help match some funds depending on income, and I’ve yet to meet an employed individual who doesn’t have some sort of plan available to them.

I think a bigger problem is that an employee can make a much larger tax-free contribution to a 401(k) than an employee with an IRA or Simple IRA. Why not make them all have the same limit?

I always thought having a TSP type plan for the public would be a good idea. That was my retirement plan and it is excellent. However, the GOP would find a way to let their donors get their grubby little hands on the participants savings.

why are we still accepting the felon and molester as legitimate? the mf needs to be removed (along with every heritage hire aka project 2025). he's doing nothing for the people, in fact, all he's doing is harming them - on every gd front!

This administration is the most pro socialist but yet anti socialism Government Farmers, you want some money from the government? Here you go. Oh hey everybody, the government will start paying your pensions instead of the businesses you work for. also, we hate AOC because she’s a socialist